China Remains Top Holder of U.S. Debt
WASHINGTON (TheStreet) -- The Treasury Department said Thursday net purchases by foreign residents of long-term U.S. securities were $94.7 billion in January.
China was the top holder of U.S. Treasuries during the month -- its holdings rose to $1.16 trillion from $1.152 trillion in December.
Japan was the second-largest holder of U.S. Treasuries -- it held $1.08 trillion in January.
Net foreign purchases of long-term securities were $101 billion, when taking into account transactions in both foreign and U.S. securities. The net foreign acquisition of long-term securities, the change in foreign holdings of short-term U.S. securities, and banking flows yielded monthly net inflows of $18.8 billion, Treasury said.
-- Written by Joseph Woelfel
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